Global digital video game industry to jump 40% in 2021
The global digital video game industry continues to grow at a rapid rate, with no signs of slowing down in the years to come.
According to data presented by 123scommese.it, the overall market is expected to generate nearly $ 146 billion in revenue in 2021, an increase of 40% in two years.
Mobile gaming revenue has jumped 44% since 2019, with the entire industry reaching $ 151 billion by 2025
Unlike many other industries severely affected by the COVID-19 crisis, the video game industry has been much more resilient to the pandemic. Most video game developers and publishers witnessed a record number of users and downloads last year as millions turned to video games during the lockdown.
In 2019, the digital game industry generated $ 104.4 billion in revenue, the Statista survey revealed. After the outbreak of the pandemic, revenues jumped 23% year-on-year to $ 128.3 billion in 2020. Statistics show that figure is expected to increase by $ 17.6 billion in 2021, and by 2025 , the unified market is expected to reach $ 207.6 billion.
As the most important source of revenue for the digital video game industry, mobile games have experienced the most significant growth in the past two years. By 2021, mobile gaming revenue is expected to reach nearly $ 104 billion, which is 44% more than in 2019. By 2025, the overall market is expected to grow another 45% and reach a value of 151, $ 8 billion.
Online gambling has seen record player numbers during the pandemic as a popular activity to counter physical distancing amid lockdowns. Statistics show that online gaming revenue has grown 36% in two years, from $ 16.8 billion in 2019 to $ 22.9 billion in 2021. Over the next four years, that figure is expected to reach $ 30.3 billion.
Downloadable games are expected to generate $ 16.1 billion in revenue this year, up from $ 13.2 billion before the pandemic. Gaming networks follow with an increase of 43% in two years and revenue of $ 2.9 billion in 2021.
435 million people have started playing digital video games amid pandemic
The Statista survey also found that more than 435 million people have started playing digital video games since the start of the pandemic. In 2019, the number of users worldwide was 1.7 billion. Last year that figure exceeded two billion. Statistics indicate that the number of users is expected to reach 2.15 billion in 2021 and continue to exceed 2.5 billion by 2025.
As the world’s largest digital video game industry, China is expected to generate revenue of $ 49.1 billion in 2021, an increase of 46% in two years. By 2025, the Chinese market is expected to reach a value of $ 71 billion.
The United States follows with $ 30.3 billion in revenue this year, up from $ 23 billion in 2019. By 2025, the US markets for mobile games, download games, online games and mobile networks games are expected to reach a value of $ 42.4 billion.
As the third-largest digital video game market, Japan is expected to generate sales of $ 18.2 billion this year. South Korea and the United Kingdom follow with $ 6.15 billion and $ 6.14 billion, respectively.
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